Bithumb Error Sends $44 Billion in Bitcoin to Users, Sparks Market Shock and Regulatory Alarm
South Korean crypto exchange Bithumb mistakenly distributed over $40 billion worth of bitcoin during a promotion, triggering a sharp selloff and prompting regulators to consider on-site inspections.
Pakistan Launches Digital Nation 2025 Vision, Expands FinTech and Virtual Assets Ecosystem
Advisor to Finance Minister Khurram Schehzad highlighted Pakistan’s “Digital Nation 2025” vision at ITCN Asia, focusing on digital governance, virtual assets regulation, SME support, and full government digitization initiatives.
Finance Minister Aurangzeb Meets Icoin Technology to Advance Pakistan’s Digital Asset Regulation
Finance Minister Muhammad Aurangzeb met a delegation from Icoin Technology to discuss Pakistan’s evolving digital asset framework, crypto regulation and blockchain opportunities.
Crescent Star Insurance Signals Entry into Digital and Virtual Assets Through Joint Venture
Crescent Star Insurance has announced plans to enter the digital and virtual assets space through a proposed joint venture, signalling a strategic shift as the insurer explores regulated opportunities beyond traditional insurance services.
PVARA Issues NOCs to Binance and HTX Under Pakistan’s Virtual Asset Regulatory Regime
Pakistan’s Virtual Assets Regulatory Authority has issued No Objection Certificates to Binance and HTX, allowing regulated engagement as part of a phased framework focused on compliance, AML controls, and responsible digital asset innovation.